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Jul 6, 2011
07/11
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CSPAN2
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first, we waged two wars in iraq and afghanistan, and we didn't pay for them. i think back in my history, and i can remember as a kid that every birthday i would receive a savings bond, u.s. savings bond. and i used to think it was interesting, they would hand me these $25 savings bonds and i knew they cost $18.25 but if i didn't do anything and held on to them, they would be worth $25. grandma and grandpa would give me the $25 savings bond and i knew it cost $18.25. those savings bonds is how we fund wars. americans sack tpaoeuzed -- sacrificed and they bought savings bonds. it was my family tradition. it was the tradition in america. when it came to the two most recent wars -- iraq and afghanistan -- it didn't happen. we borrowed the money from other countries. during that eight-year period of time under president bush, we wage twaod wars and borrowed the money and added it to the national debt. and we did something else. no president in the history of the united states of america ever has cut taxes in the midst of a war. and you know why? because you have yo
first, we waged two wars in iraq and afghanistan, and we didn't pay for them. i think back in my history, and i can remember as a kid that every birthday i would receive a savings bond, u.s. savings bond. and i used to think it was interesting, they would hand me these $25 savings bonds and i knew they cost $18.25 but if i didn't do anything and held on to them, they would be worth $25. grandma and grandpa would give me the $25 savings bond and i knew it cost $18.25. those savings bonds is how...
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Jul 6, 2011
07/11
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CSPAN2
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right now there are 140,000 brave americans risking death and injury in afghanistan and iraq. do we reduce our responsibility to them because republicans don't want to burden millionaires? additionally, payments to doctors under medicare, medicaid could be suspended. where do the seniors and needy americans turn then in the event of an urgent medical problem? at a time when nearly 14 million americans are out of work and struggling to keep food on the table, unemployment benefits could lapse. we're talking about the possibility of people without incomes, people unable to sustain their basic needs. in addition to destroying the safety net for ordinary americans, a default crisis would likely threaten america's position as the economic giant of the world, as we see the possibility of widespread panic on wall street and the damage to the credit markets that could lead to the loss of millions of jobs across the country. the question has to be answered, mr. president: why are the republicans willing to walk on this economic tightrope to win favor among wealthy contributors? it's be
right now there are 140,000 brave americans risking death and injury in afghanistan and iraq. do we reduce our responsibility to them because republicans don't want to burden millionaires? additionally, payments to doctors under medicare, medicaid could be suspended. where do the seniors and needy americans turn then in the event of an urgent medical problem? at a time when nearly 14 million americans are out of work and struggling to keep food on the table, unemployment benefits could lapse....
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278
Jul 6, 2011
07/11
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CSPAN2
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-- or afghanistan, then iraq. both wars totaling well over a trillion, $2 trillion. that will ultimately, both of those, the tax cuts and the wars, accounts for about $7 trillion in deficits in 2009 and going forward. now, madam president, the facts are clear. the tax cuts that president bush put in place contributed to the deficit and the revenues have got to be addressed if we're employing to go forward -- if we're going to go forward and deal with this. federal revenues today, the money the government takes in, is at its lowest level since 1950. we've had a 60% reduction in revenue and a 60% increase in expenditures. and right now, we're at the lowest level of revenue taken in that we've been at since the 1950's. and there are only about 14% of the total g.d.p. the fact is that the last five times we balanced the budget, those revenues were about19% or 20% of g.d.p. so here we are at 14%. we've balanced the budget five times previously. and the revenues were at about 19.5% to 20% of g.d.p. doesn't that tell us
-- or afghanistan, then iraq. both wars totaling well over a trillion, $2 trillion. that will ultimately, both of those, the tax cuts and the wars, accounts for about $7 trillion in deficits in 2009 and going forward. now, madam president, the facts are clear. the tax cuts that president bush put in place contributed to the deficit and the revenues have got to be addressed if we're employing to go forward -- if we're going to go forward and deal with this. federal revenues today, the money the...
102
102
Jul 6, 2011
07/11
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CSPAN
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eye 102
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i just returned from a trip to afghanistan. i cannot describe how impressed i am with the commitment, the dedication and the work carried out every single day by our men and women in uniform and those in the civilian services. i met and spoke with them in kabul, bases and air force bases and small villages. quite simply, they are incredible. but over and over and over again, i heard the same message, this is not sustainable. the strategy that we are pursuing in afghanistan is not sustainable and it is costing us too much in human lives and financial resources to continue. it can't continue for another 18 months as called for by the president, let alone even longer. i stand here tonight more convinced than ever that it is time to forge a new path, a new strategy, built upon past and present accomplishments and more aggressively focused on reducing the military footprint in afghanistan than the plan described by the president last month, accelerating the transition of combat operations and intense international and regional effor
i just returned from a trip to afghanistan. i cannot describe how impressed i am with the commitment, the dedication and the work carried out every single day by our men and women in uniform and those in the civilian services. i met and spoke with them in kabul, bases and air force bases and small villages. quite simply, they are incredible. but over and over and over again, i heard the same message, this is not sustainable. the strategy that we are pursuing in afghanistan is not sustainable...
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49
Jul 6, 2011
07/11
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KCSM
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i believe that he'll get us out of afghanistan in the next two or three years. and he's shut down mountaintop removal mining for the most part that was the most destructive form of energy and he started to build a national grid system in this country. >> yeah. >> but you know, it is very.he really can't do anything through congress, he has to do things by the use of executive power and it's a much more difficult way to govern. >> yeah, but on balance you're for him. >> well, i. >> because you know the critique of him is as aggressive from the left as it is from the right going into the next election. the question is will the left, will the base for the president come back out? >> yeah. i'm more inclined. >> those values. >> i'm more inclined to cut him some slack because i understand the president has to look at -- first of all, he has to look at his reelection, and you know, and he is looking at much broader issues than the issues i am looking at on a day to day basis. >> yeah. >> generally speaking in my space in the domain that i work, he has done a pretty go
i believe that he'll get us out of afghanistan in the next two or three years. and he's shut down mountaintop removal mining for the most part that was the most destructive form of energy and he started to build a national grid system in this country. >> yeah. >> but you know, it is very.he really can't do anything through congress, he has to do things by the use of executive power and it's a much more difficult way to govern. >> yeah, but on balance you're for him. >>...